Moglix forays into eastern India; announces massive expansion plans

Moglix, a Ratan Tata-backed leading B2B commerce company, has forayed into Eastern India, starting with the city of Kolkata in West Bengal.

Currently, Moglix is present across six locations namely Delhi/NCR, Chennai, Mumbai, Pune, Ahmedabad and Kolkata. The company has also added two new centres in Aurangabad, Maharashtra and in Pant Nagar, Uttarakhand.

They will feed into the Western and Northern centres of the company. With Moglix further stepping-up their presence catering to manufacturing sector of India, the company has ambitious plans to increase its hiring by 30 percent across functions in FY 19. At present, Moglix has a strong team of over 350 people spread across geographies in India.

Kolkata houses many manufacturing units operated by large public and private-sector corporations; the city also has seamless access to North Eastern region and will aid the expansion of the company in the region.

Today, Moglix's solutions cater to more than 220 K small and medium-sized enterprises (SMEs), and more than 350 large manufacturing houses in India. Moglix currently has more than three lakh stock keeping units (SKUs) listed on its platform, one of the largest in India and serves 20,000+ pin codes in the country.

"We plan to set foot in five new locations across other parts of the country by 2019. We foresee that there is immense strength and scope of innovation in the B2B commerce space and the sectors we operate in. It is heartening to see how Moglix is on a major upsurge, growing at a rate of 300 percent year on year with an exuberant team. Our employee strength has grown phenomenally from 50 in 2015 to 350+ in 2018," said founder and CEO Moglix, Rahul Garg.